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Category Archives: Stock Market
Ground Control to Major Tom: Reserves Are in Jeopardy
Ground Control to Major Tom: Reserves Are in Jeopardy By Jeff Clark, Senior Precious Metals Analyst, Casey Research When you hear about the “gold reserves” a mining company has in the ground, the natural assumption would be that they’re talking … Continue reading
Posted in Jeff Clark, Stock Market
Tagged gold, gold exploration, gold price, junior sector, mining, producers
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Stock Market Shangri-La
The big news early in the week was that Larry Summers – the man so smart he lost hot breakfasts for Harvard and $2 billion of the university’s operating funds – withdrew his name from consideration for the next Federal … Continue reading
Posted in MN Gordon, Stock Market
Tagged ben bernanke, debt, monetizing debt, QE3, S&P500, treasuries
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The Economic Recovery that Never Was
“There are three kinds of lies,” observed Mark Twain. “Lies, damned lies, and statistics.” Perhaps Twain had government economic reports in mind when he made his famous quip. For example, a quick glance at the headline unemployment numbers published Friday … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, federal reserve, jobs, labor department, mark twain, tapering
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Secrets of the September Swoon
Federal workers, and many other fine folks, celebrated Labor Day yesterday by partaking in lethargy. Here at the Economic Prism we did nothing of the sort. Rather, we continued our labors for fun and for free…and always on your behalf. … Continue reading